Property summary
This exceptional 5,100 square foot commercial building, situated on a highly visible 0.21-acre corner lot in Greeneville, TN, presents a unique investment opportunity. Constructed in 1980, this property has a proven track record of success, having housed a thriving business for many years. The building's prime location ensures high traffic and excellent visibility, making it ideal for a wide range of commercial ventures. The main floor boasts over 1,500 square feet of finished office space, perfectly suited for administrative functions or client interaction, complemented by over 1,000 square feet of main floor storage. A full basement, accessible via a convenient garage door, offers ample space for additional storage, material handling, or the potential for expansion and development of extra finished space. The building is equipped with a comprehensive range of utilities, including natural gas, public sewer, and cable. A dual fuel heat pump system efficiently provides climate control for both levels, ensuring year-round comfort and operational efficiency. This property represents a rare chance to acquire a well-established commercial space in a desirable location, ready for immediate occupancy and poised for future growth. The asking price is $298,500.
Property profile
VerifiedCap rate & NOI
Current use
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HVAC Service General Contractor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
712. M-1 (Manufacturing Warehouse) Restricted Manufacturing and Warehouse. This industrial district is established to provide areas in which the principal use of land is for light manufacturing and warehousing. It is the…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M1 · Greeneville, TN712. M-1 (Manufacturing Warehouse) Restricted Manufacturing and Warehouse. This industrial district is established to provide areas in which the principal use of land is for light manufacturing and warehousing. It is the…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
712. M-1 (Manufacturing Warehouse) Restricted Manufacturing and Warehouse. This industrial district is established to provide areas in which the principal use of land is for light manufacturing and warehousing. It is the…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M1 in Greeneville, TN.
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